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Wednesday, June 15, 2011

Conflict of Interest for IMF Candidate Christine Lagarde?



Related to my last post, I wanted to show this video of Agustin Carstens talking about his IMF candidacy...In previous occasions he has mentioned that he will bring a 'fresh set of eyes' to the IMF presidency, and states that having French Finance Minister Christine Lagarde as head of the the IMF is comparable to 'starting a soccer match at 5-0'. Is it fair to have the main borrowers head-up the crediting institution?

Tell me what you think.

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